Saylor says selling Bitcoin to fund dividends is minimal impact, Strategy buys 20 BTC for each sold.

Michael Saylor of Strategy Inc. dismissed fears that selling Bitcoin to pay dividends would impact the market, calling it a "big nothing burger." He explained that for every Bitcoin sold to fund dividends, Strategy would buy 20 more, making the net effect negligible. The company uses equity swaps to buy Bitcoin at weekly highs, capitalizing on market premiums. Strategy's perpetual preferred shares (STRC) have grown rapidly, with $3.2 billion sold recently, reflecting investor confidence despite slight price discounts.